homes tagged posts

In secured loans or mortgages particular assets are needed that will serve as collateral for the borrowed amount by the applicant. In most cases, these secured loans often deal with much bigger amounts compared to unsecured ones. With such big amounts, houses are often regarded as a form of security for the lenders. But in the case of a borrower not being able to keep up with his mortgage obligations down to the very last time, his house is repossessed to cover for the remaining amount he has failed to meet. In Northern America, the number of mortgage foreclosures Canada is growing steadily.

The reason behind the steady rise of mortgage foreclosures Canada is because a lot of borrowers are now being seriously hit by a variety of financial problems due to the whole global recession thing...

Canada is one great place for opportunities and meeting people in a country where there’s less pressure and you can enjoy the benefits of a more laid back life. Canada has remained a worthy place to invest in even in this financial crisis. An example for this great place is Alberta and most specifically its capital city which is Edmonton. As Edmonton enjoys being the second largest city in Alberta, following that of Calgary, it is also the second most populous province in the whole of Canada. It is also considered the oil capital of the country and you will find the most powerful petrochemical companies operating in the area.

With this you can be sure of a stable economy, but unlike cities like New York and other European cities, there are many rustic scenes you can enjoy in Edmonton, Al...

The global recession has taken its toll on many countries making people in the worst shape, not being able to pay their rent, mortgage, loans and other liabilities. They find their homes foreclosed, their properties given up to lenders. That’s why there are lists like foreclosures BC Canada.

The judicial sale process of foreclosures BC Canada also involves property licensees. If a property is foreclosed, the owner of the property can apply for a judicial sale of the foreclosed home. When a demand letter is sent to the owner that’ when the sale begins. The court usually allows for a period of 6 months for the owner to pay the mortgage and the extra fees involved in the sale.

When all these are done, the owner can then start looking for a realtor to help him sell the house...